For our first time home buyers- here are a few of the most commonly asked questions I seem to get. 1-Who pays the real estate agent?The person who is listing the home for sale (known as the listing agent) represents the seller and is paid a certain percentage from the sellers. They choose to split
Are you curious about the Utah County property tax increase? There’s a lot of confusion about this tax increase, so I borrowed this example to help you understand it more clearly.From The Daily Herald– “Here’s an example of how the property taxes in Utah County work: If a house is valued at $334,000, 55% percent of
Earnest money is the money that the buyer puts down to show that they are, indeed, earnestly interested in buying a property. This means that when a buyer makes an offer to purchase a home, they pledge a certain amount of money that the seller gets to keep if the buyer backs out of the
I think it’s fair to say that most people know about down payments and closing costs when it comes to buying a house. However, there are some costs that are not as well known, especially when you’re a first time home buyer. I want to share two of those with you today. First off would
Today, I’m giving you a few basic tips to get your house ready to show and look its best for a potential buyer. Start with the three D’s- de-clutter (the person moving into your house wants closet space! Pack up half of your clothes and make that closet look spacious!), deep clean (no-one wants a
We all know that when you plan to sell your house, you want to update things and make your home pretty to potential buyers- but what about when you aren’t planning on moving anytime soon? Which updates would be the most helpful? For the following five items, I’m making recommendations for things that will make
Today, I’d like to cover the four common costs in buying a home. #1: Down PaymentThis is the most obvious of the four. If you are a first time home buyer, there are programs that allow you to put 0% down on your home. Otherwise, expect to pay at least 3%-5%, all the way up
1: Going out to look at homes before you’re qualified- MISTAKE! You’ll see homes you can’t afford- or get discouraged by seeing the wrong homes- and you won’t know if you SHOULD buy or not because you haven’t met with a qualified lender to let you know what prices are realistic for you. 2: Buying
Wholesaling is when someone prospects for people looking to sell their home quickly. Think of those signs that say “We Buy Ugly Houses” or “We Buy Houses for Cash”. What these wholesalers do is get your listing, refer it to a list of people they know who can buy quickly and with cash, and then
As a Realtor, you might assume right off the bat that I’ll tell you, one and all, that you should buy a home. Now. No matter what. However, the truth is that it depends on you. While there are many factors that go into whether or not home ownership is for you (debt to income